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Rocket Pharmaceuticals (RCKT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Rocket Pharmaceuticals
NasdaqGM•Healthcare•Biotechnology
$3.71-0.15(-0.04%)Pre-market
Market Cap
$380.29M
P/B
1.0x

Rocket Pharmaceuticals, Inc., together with its subsidiaries, operates as a late-stage biotechnology company that focuses on developing, manufacturing, and selling of genetic therapies for rare and devastating diseases in the United States. It develops in vivo adeno-associated viral (AAV) programs, which include programs for Danon disease (DD), a multi-organ lysosomal-associated disorder leading to early death due to heart failure (RP-A501), which is in Phase 2 trial; Plakophilin-2 Arrhythmogenic Cardiomyopathy (PKP2-ACM), an inheritable cardiac disorder that is characterized by a progressive loss of cardiac muscle mass, severe right ventricular dilation, dysplasia, fibrofatty replacement of the myocardium and a high propensity to arrhythmias and sudden death (RP-A601), which is in phase 1; and BAG3 Dilated Cardiomyopathy (BAG3-DCM), which is a form of cardiomyopathy and is characterized by progressive thinning of the walls of the heart, which is in preclinical stage. It also develops ex vivo lentiviral (LV) programs, which include programs for Leukocyte Adhesion Deficiency-I (LAD-I), a genetic disorder that causes the immune system to malfunction (RP-L201); Fanconi Anemia (FA), a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells (RP-L102); and Pyruvate Kinase Deficiency (PKD), a red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia (RP-L301). It has license agreements with Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas, Centro de Investigacion Biomedica En Red de Enfermedades Raras, and Fundacion Instituto de investigacion Sanitaria Fundacion Jimenez Diaz; UCL Business PLC; The Regents of the University of California; and Temple University. Rocket Pharmaceuticals, Inc. was founded in 1999 and is headquartered in Cranbury, New Jersey.

D

How this company scores

WeakMetricSide Score: 36/100

Grade capped at D — Interest coverage below 1× (-101.3x) — earnings cannot cover interest. Strongest: Profitability (15/25); weakest: Growth (6/25).

Profitability15/25
Growth6/25
Balance Sheet & Red Flags7/25
Cash & Earnings Quality8/25
Strengths
Profit converts from growthNet cash positionImproving margins
Grade capped at D
  • Interest coverage below 1× (-101.3x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/B · 1.0x5y range 0.8x – 5.7x
P/B 1.0x · below its 20-quarter median

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $380.29M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$0
TTM EBITDA
$-181.94M
6Q
TTM Op. Income
$-191.64M
7Q
Q. Op. Income
$-46.92M
34%
TTM Net Income
$-17.25M
6Q
Q. Net Income
$123.21M
279%
EPS
$1.09
276%
Shares Out.
$112.84M
7Q
$0 in TTM revenue was flat at zero YoY, reaching $0 last quarter. TTM EBITDA of $-181.94M and TTM operating income of $-191.64M show growth is flowing through to the bottom line. However, net income is negative at $17.25M — growth is not yet reaching the bottom line.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
N/A
Op. Margin
-4692200000.0%
34%
Net Margin
12321400000.0%
279%
Op. margin of -4692200000.0% is up 2422700000.0% YoY — cost efficiency is improving. Net margin at 12321400000.0% Over the past year, operating margin is up 34% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
1.0x
34%
P/S of 0.0x and P/B of 1.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$423.10M
1%
Cash
$224.51M
584%
Long-Term Debt
N/A
Book Value
$368.83M
4%
D/E Ratio
N/A
Debt/EBITDA
N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-39.61M
19%
TTM Free Cash Flow
$-170.39M
6Q
FCF Margin
N/A
FCF / Net Income
9.9
4Q
TTM FCF of $-170.39M on $-39.61M in operating cash flow. The FCF / Net Income ratio of 9.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.

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Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Share Dilution

Red Flag

Shares outstanding increased 19.8% — significant dilution, likely from stock compensation or capital raises.